Economy
Rosselkhoznadzor will inspect Armenian companies due to suspected violations in fish product supplies
Sergey Dankvert, head of Rosselkhoznadzor, and Tigran Petrosyan, head of the Food Safety Inspectorate of Armenia, discussed cooperation between Armenian and Russian regulators and compliance with requirements for the supply of Armenian plant and livestock products to the Russian market.Service sector in Armenia grew by 7.4% in January-March 2026, approaching AMD 982 billion
The service sector in Armenia in January-March 2026 amounted to AMD 981,729.1 million at current prices, an increase of 7.4% compared to January-March 2025, according to the Statistical Committee.Domestic trade turnover in Armenia in the first quarter amounted to 1.44 trillion drams, an increase of 2.1%
Domestic trade turnover in Armenia in January-March 2026 amounted to 1,442,794.1 million drams at current prices, an increase of 2.1% compared to January-March 2025, according to the Statistical Committee.Armenian Minister of Economy stated that there are no problems with the export of apricots and Jermuk mineral water to Russia
There are "no and cannot be" problems with the export of Armenian apricots and Jermuk mineral water to the Russian market, stated Armenian Minister of Economy Gevorg Papoyan.Construction volume in Armenia increased by 22% in the first three months of 2026, reaching 95.6 billion drams.
The volume of construction work in Armenia from January to March 2026 amounted to 95,640.1 million drams at current prices, an increase of 22% compared to January to March 2025, according to the Statistical Committee.Gross production in Armenia's agricultural, forestry, and fish farming sectors decreased by 3.2% to 119.5 billion drams in the first quarter
The volume of agricultural, forestry, and fish farming output in Armenia in the first quarter of 2026, at current prices, amounted to 119,525.3 million drams, a decrease of 3.2% compared to the same period in 2025.Regulator approved the Armenian Nuclear Power Plant's 2026 investment program worth $9.2 million
At its meeting on Wednesday, the Public Services Regulatory Commission of Armenia (PSRC) approved the 2026 investment program of Armenian Nuclear Power Plant CJSC in the amount of 3,404.5 million drams (approximately $9.23 million), excluding VAT.Armenia's Ministry of Economy: Direct Trade with Turkey Will Reduce Costs and Delivery Times
The launch of direct trade between Armenia and Turkey will create new market entry opportunities for businesses and significantly reduce costs and delivery times, according to the Armenian Ministry of Economy.Manufacturing production in Armenia increased by 9.5% in January-March 2026, reaching 458.4 billion drams
Manufacturing production in January-March 2026 amounted to 458,410.6 million drams, an increase of 9.5% compared to January-March 2025. This is according to data published by the Statistical Committee.Industrial output in Armenia increased by 13.4% in the first quarter of 2026, reaching 748 billion drams
Industrial output in Armenia in January-March 2026 amounted to 748,000.8 million drams, an increase of 13.4% compared to January-March 2025. In March alone, industrial output amounted to 256,521.4 million drams, 7.0% higher than in March 2025 and 2.0% lower than in February 2026.EBRD aims to help Armenia achieve more sustainable development
The next phase of the EBRD's cooperation with Armenia will be aimed at deepening its impact and supporting the country not only in achieving growth but also in achieving more sustainable, inclusive, and stable development. Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, stated this in an interview with ARKA news agency.EBRD considers infrastructure and energy security among the key factors for Armenia's economic resilience
Armenia's economic resilience rests on several key factors, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.Ministry of Economy clarified new requirements for selling goods from Armenia on Wildberries
A certificate of origin will now be required for goods produced in Armenia and other EAEU countries sold through the Wildberries e-commerce platform, the press service of the RA Ministry of Economy reported.Russia has offered Armenia a high-capacity nuclear power plant project that could meet its energy needs "for a century to come": Russian Foreign Ministry
Russia has offered Armenia a high-capacity nuclear power plant project that could meet the republic's energy needs "for a century to come," Mikhail Kalugin, Director of the Fourth Department of the CIS Countries at the Russian Foreign Ministry, told TASS in an interview.News 1 - 20 of 16391
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